Bank of Marin director reports stock fee award
Bank of Marin Bancorp director Kevin R. Kennedy reported an indirect trust transaction in Common Stock.
Rhea-AI Filing Summary
Bank of Marin Bancorp director Kevin R. Kennedy reported an indirect trust transaction in Common Stock. A trust associated with him received 849 shares at $28.94 per share as payment of a director fee, bringing that trust’s holdings to 30,050 shares.
The filing also lists existing stock option awards for Kennedy covering multiple blocks of Common Stock with exercise prices between $32.20 and $44.85 per share and expirations from 2028 to 2033. These options represent ongoing equity-based compensation rather than new market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 849 shares
Other
10 txns
Insider
Kennedy Kevin R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 849 | $28.94 | $25K |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,050 shares (Indirect, By Trust);
Stock Options (Right to Buy) — 12,352 contracts (Direct)
Footnotes (1)
- F1. Shares received in payment of Director fee
Key Figures
Director fee shares: 849 shares
Director fee price: $28.94 per share
Indirect shares after transaction: 30,050 shares
+4 more
7 metrics
Director fee shares
849 shares
Common Stock paid to trust as director fee
Director fee price
$28.94 per share
Value used for 849-share director fee payment
Indirect shares after transaction
30,050 shares
Common Stock held indirectly by trust after fee award
Option block 1
2,317 underlying shares at $32.54
Stock options expiring 2033-01-03, direct holding
Option block 2
2,479 underlying shares at $32.41
Stock options expiring 2031-07-01, direct holding
Option block 3
1,279 underlying shares at $32.20
Stock options expiring 2030-07-01, direct holding
Highest option exercise price
$44.85
Stock options on 1,019 underlying shares expiring 2030-01-02
Key Terms
Stock Options (Right to Buy), Other acquisition or disposition, By Trust, Director fee
4 terms
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy)"
Other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
By Trust financial
"nature_of_ownership: By Trust"
Director fee financial
"Shares received in payment of Director fee"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bank of Marin Bancorp (BMRC) disclose for Kevin R. Kennedy?
The filing shows a trust associated with director Kevin R. Kennedy received 849 Bank of Marin Bancorp common shares as payment of a director fee. This non-market transaction increased the trust’s indirect holdings to 30,050 shares of BMRC common stock.
Was the Bank of Marin Bancorp (BMRC) Form 4 a market buy or sell by Kevin R. Kennedy?
The Form 4 does not report an open-market buy or sell. It records 849 BMRC shares received by a trust as payment of a director fee and updates Kennedy’s existing stock option holdings, which are compensation-related awards, not market trades.
What stock options for Bank of Marin Bancorp (BMRC) does Kevin R. Kennedy hold?
Kennedy holds several stock option awards to buy BMRC common stock, including 2,317 underlying shares at $32.54 expiring in 2033 and 2,479 underlying shares at $32.41 expiring in 2031. These options are part of his existing equity compensation.
Is the Kevin R. Kennedy Form 4 for BMRC a significant signal for investors?
The Form 4 mainly reflects routine compensation. It records a director fee paid in 849 BMRC shares to a trust and lists existing stock option positions. There are no large open-market buys or sells that would typically signal a major change in insider sentiment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
